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Nothing to see here, move on, find another book. bye bye.
Still here? so you wonder why I wrote that. OK, here is hw it goes:
The authors found a handful of CEOs of really large companies who were fired by their board of directors or had otherwise horrible setback that left these poor people with multi-million-dollar golden parachutes.
The book is about how they went deep inside their souls, reached deep into their super powerful leadership skills and came back from the brink of disaster (imagine not being able to affort the Gulfstream 6 jet! the horror!) to come back to success.
Like one of the guys from Enron, who of course, knew nothing about the wrongdoing despite ivy league college education and many years of experience in F1000 companies. The two possible conlcusions are: either he was in, or he is an incompetent idiot. Either way, not a 'powerful leader' I am interested in following.
The worst part is that you only get one side of the story, the story from the CEO telling all the good things he did and how wonderful his leadership was at the company when all tof a sudden the evil board of directors decided to fire them because of their incompetence. At no point I heard the point of view of the board or an interview with people that were involved.
Look, I am an executive at a public company. I have nothing against smart people, leaders, and men and women that run companies, work hard, and make a lot of money.
But I was at Motorola when Galvin was running the show. The book is 100% misleading. The success Galvin claims was really his president's. Zafirovsky was a very smart guy. Not Galvin. Galvin was born rich and turned one of the world's leading companies into nothing. The book does talk about how the poor guy was left with well over a billion dollars and his powerful comeback is a few investment companies - what did you expect him to do with a billion dollars? where is the comeback? what about the about 100,000 people that lost their jobs?
Hey this is all my opinion,you may disagree. Maybe I am wrong. All I am telling you is I skipped the last four chapters and tuned my FM radio to comedy radio for the rest of my commute. It was a better use of my time.
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